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Hanssak Co (XKRX:430690) Interest Expense : ₩-5 Mil (TTM As of Mar. 2024)


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What is Hanssak Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanssak Co's interest expense for the three months ended in Mar. 2024 was ₩ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-5 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Hanssak Co's Operating Income for the three months ended in Mar. 2024 was ₩ -1,173 Mil. Hanssak Co's Interest Expense for the three months ended in Mar. 2024 was ₩ 0 Mil. Hanssak Co has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Hanssak Co Interest Expense Historical Data

The historical data trend for Hanssak Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hanssak Co Interest Expense Chart

Hanssak Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-11.92 -14.99 -25.09 -34.34

Hanssak Co Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - -3.14 -5.24 - -

Hanssak Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hanssak Co  (XKRX:430690) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hanssak Co's Interest Expense for the three months ended in Mar. 2024 was ₩0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-1,173 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩0 Mil.

Hanssak Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Hanssak Co had no long-term debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hanssak Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Hanssak Co (XKRX:430690) Business Description

Traded in Other Exchanges
N/A
Address
Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR
Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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